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keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty to the market so they don't have this up and down action of congress. after four years in congress i have to tell you it's one of the most disturbing thing i've seen, the lack of foresite of looking two, three, four, five years down the road. everyone plays to the next week. give it about a 40% chance of some element. the big question is have the markets worked into some of their pricing on stocks and bonds and so forth, some of this anticipation of going over these fiscal challenges? i think they probably have to to a certain degree. but it will be a rou
keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty...
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. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made things worse. >> rice herself asked for the meeting, but the effort to smooth things over didn't exactly work. >> for the first time she acknowledged her comments were wrong. >> susan rice has been depi depicted from everything as a thrown under
. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions....
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republicans call the fiscal cliff plan a joke, an insult and break from reality. suffice it to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> while his aides were on capitol hill offering up the opening bid, the president was making his case in pennsylvania campaign style. >> at the end of the day a clear majority of americans, democrats, republicans, independents, they agreed with a balanced approach. deficit reduction. >> after the president's remarks, i spoke with his main man on the fiscal cliff, treasury secretary tim geithner. >> let me ask you, the reaction to your going up on the hill and saying this is basically the white house
republicans call the fiscal cliff plan a joke, an insult and break from reality. suffice it to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than...
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he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more because maybe we should have them pay more. at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what you're saying. they failed communication case w50eus. wise. they don't hold ban barack baraa accountable. to give himself powers that no president has had, you take that to the country and say you want him deciding he can just spend whatever he wants? >> that's like removing the debt ceiling. >> exactly. >> that's wha wt you're talking abou
he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more...
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the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and dan henninger, and mary an anna-- anastasia o'grady and kim strassel. you've been talking it it sources and is the mood as hour as it sounds. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress wit
the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any...
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he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay more because, okay, they should pay more. at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's the issue. >> you're saying now that the president
he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay more because, okay, they should pay more. at the same time they don't want the...
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are sflirnks today republicans say the plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union." >>> republicans call -- sufficed to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, heats actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> wile his aides were on capitol hill offering up the opening bid, the president was making his case in pennsylvania campaign style. >> at the end of
are sflirnks today republicans say the plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union." >>> republicans call -- sufficed...
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fiscal cliff blame. nasa's decision on doomsday 2012. . and kim kardashian sparks a proprotest. >>> we have new chilling details in the tragedy that stuns kansas city. they are prepping for gameday just 20 24 hours after a suicide. tom chong is live where this tragic story ended. tom, good day to you. there what's it like there? >> reporter: it is subdued. we stopped at the tailgating activities. there is tailgating going on but the mood is heavy. just 24 hours ago when belcher pulled out a gun is and shot himself. that event left this team in shock. shots rang out at this home, the victim 22-year-old cassandra perkins. >> when we arrived a lady came out and said her daughter had been shot by -- she died a short time later. belcher shot perkins following an argument. the two were parents of a 3-month-old baby. just 10 minutes after the murder, belcher was next to the stadium with a gun talking to his coach and general manager. he thanked them for what they did for him. then pulled the trigger. >> as officers pulled up, they heard the gunsh
fiscal cliff blame. nasa's decision on doomsday 2012. . and kim kardashian sparks a proprotest. >>> we have new chilling details in the tragedy that stuns kansas city. they are prepping for gameday just 20 24 hours after a suicide. tom chong is live where this tragic story ended. tom, good day to you. there what's it like there? >> reporter: it is subdued. we stopped at the tailgating activities. there is tailgating going on but the mood is heavy. just 24 hours ago when belcher...
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on page two, we'll get analysis on where the argument over the fiscal cliff goes. and the consequences if congress fails to get agreement. we'll talk to maya macguineas, head of the campaign to fix the debt. mark zandi of "moody's "analytics. and our own john dicker sen. captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and good morning again. treasurer treasury secretary tim geithner laid out the emotion's opening offer on how to fix the debt. it wasn't what the republicans want to hear. basically geithner said no waw to cut a deal without raising taxes on upper income americans. even though, he said he's optimistic some kind of deal can be reached by the end of the year, and he said 98% of americans will not see a tax rate increase. here's what he told us when we sat down with him. >> i do think we're going to get there because the only thing that stands in the way of an agreement that's good for the economy is if a group of republicans decide they're going to block and increase in tax rates on the wealth
on page two, we'll get analysis on where the argument over the fiscal cliff goes. and the consequences if congress fails to get agreement. we'll talk to maya macguineas, head of the campaign to fix the debt. mark zandi of "moody's "analytics. and our own john dicker sen. captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and good morning again. treasurer treasury secretary tim geithner laid out the emotion's...
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going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement spending. something the speaker said must be part of any final deal. joining the panel this week, wall street journal columnist and deputy editor dan, and ms. o'grady and washington columnist kim stossel. you are stuck in washington having to talk to all the sources. and you have been working them this week, i know. is the mood as sour as it sounds? >> it is by the end of this week and here's why. republicans came out right after the election and said to the president, you want revenue, here. you want revenue on the wealthy? we will give it to you. let's do this via li
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made...
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i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or mesaging. >> we have been for about three years now. so i think there's no reason for it to start now. what house republicans have to understand is they are the republican party for the next four years and have to have messaging and baically tell the american public what they're doing and why they're doing it. they can't be for tax cuts, for spending cuts. they have to articulate how it fits in the big picture. there are some skilled people that need to step forward. lou: would i be too cynial to say that perhaps the president has an additional advantage in this little carrousel of nonsense around the fiscal clef in that it also deects and distracts from that half trillion dollars in new taxes that will be hitting the middle class in this country as a result of obamacare beginnin
i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or mesaging. >> we have been for about three years now. so i think there's no reason for it to start now. what house republicans have to understand is they are the republican party for the next four years and have to have...
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republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and republicans blaming each other nor the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough ti
republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and...
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that's the fiscal cliff as we face the deadline. the president gave a speech that struck me. let's listen to what barack obama had to say. >> i want you to call, i want you to spend an e-mail, post on their facebook wall. if you tweet then use the hashtag we're calling my2k. it's about your 2k in your pocket. >> that's a reference to the administrati administration's argument that if congress does nothing the average middle class will lose $2,000 a year. i'm just struck the president is using this twitter hash tag. >> i guess it's the new call your congressman and let him know how you feel. i'm not sure it's going to increase pressure on republicans. it's going to make the president's core support eers fl engaged after the race is over. i have hard time to believe the republicans will be worried about the number of tweets. >> they've tried to fight back. they bought this my2k, so when you search you get the heritage take on it. social media platform is not to be minimized. >> the study has proven that facebook can increase voter turn out. we will know if the white house has r
that's the fiscal cliff as we face the deadline. the president gave a speech that struck me. let's listen to what barack obama had to say. >> i want you to call, i want you to spend an e-mail, post on their facebook wall. if you tweet then use the hashtag we're calling my2k. it's about your 2k in your pocket. >> that's a reference to the administrati administration's argument that if congress does nothing the average middle class will lose $2,000 a year. i'm just struck the...
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what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very painful cuts to medicare. i just did it in a 242-page bill that i have shared with the white house, shared with boehner, shared with mcconnell, in order to move us beyond this silly debate that's taking place. the fact is, claire knows this and i know this. there are serious reforms that have to take place in medicare for our country to become solvent. >> well, we have to be careful. and you're right about this, david. what is really irresponsible, that $716 billion, that was low-hanging fruit. that was fluff in the medicare system, savings that we had to recover. and by the way, it's the same savings that was i
what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very...
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congress before the big fiscal cliff fight. it's time for the house freshmen to choose their offices. on friday, the reps picked their office number from the congressional office lottery, where they were apparently encouraged to do some sort of superstitious dance to help pick the best number, and they did not disappoint. that's a cartwheel, that's a congressman's aide, another aide apparently played journey's "don't stop believing" on their phone before giving it a go. yeah, they are taking it seriously. >>> in just a couple hours from now, the kennedy center honors gala begins. including led zeppelin, david letterman and dustin hoffman. right now, the president out enjoying some afternoon golf with those guys. former president bill clinton, former dnc chair terry mccauliff and ron kerr. it's the president's third outing since winning reelection. only the second time ever, though, he has played golf with former president clinton. president obama has a full day today. >>> coming up, as another u.s. base comes under attack in af
congress before the big fiscal cliff fight. it's time for the house freshmen to choose their offices. on friday, the reps picked their office number from the congressional office lottery, where they were apparently encouraged to do some sort of superstitious dance to help pick the best number, and they did not disappoint. that's a cartwheel, that's a congressman's aide, another aide apparently played journey's "don't stop believing" on their phone before giving it a go. yeah, they are...
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i'm not sure that this fiscal cliff really is a fiscal cliff. i think that it changes the baseline. republicans get better negotiating position on the other side when they are not scared to death of their own shadow and fearful of not looking reasonable. to think that the same joker who is got us this compromise will somehow get us a better compromise is absolutely silly. some of these guys have been voted out by the american public. maybe we should wait until the new people who have been through this before and just through the campaign, when they come in and change, i just have a hard time believing this congress, the one that got us into the mess we are dealing with, will somehow field a way to get out of it. >> i understand what you're saying about waiting for the new people to come in, but many of the new people coming in and many of the old people still there are not economists, they are not experts on the economy. they are not experts on the fiscal cliff. if you speak to those who know, they will tell you it is a bad thing to go over that cliff. and still you're saying maybe
i'm not sure that this fiscal cliff really is a fiscal cliff. i think that it changes the baseline. republicans get better negotiating position on the other side when they are not scared to death of their own shadow and fearful of not looking reasonable. to think that the same joker who is got us this compromise will somehow get us a better compromise is absolutely silly. some of these guys have been voted out by the american public. maybe we should wait until the new people who have been...
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first, the language of the day surrounding the fiscal cliff. when john boehner says -- we're nowhere, as he has today, does he mean it? you're watching msnbc. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkli
first, the language of the day surrounding the fiscal cliff. when john boehner says -- we're nowhere, as he has today, does he mean it? you're watching msnbc. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only...
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. >>> well, 30 days and counting to the country's potential fall off the fiscal cliff. avoiding it will depend on what lawmakers in these two buildings do or don't do. if they do nothing, everyone's taxes go up and automatic spending cuts take effect. still, it appears congress and the president are digging in with no deal in sight. >> if they are going to force hi higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's a choice they're going to have to make. >> this isn't an issue about democrats or republicans. my goodness, this is about our country. >> well, one thing both sides agree on is the government needs to raise more money. how much? how they do it? those are two of the many sticking points and the clock is ticking. >>> a series of suicide car bombings leave five people dead in eastern afghanistan today. inis yo no reports of any u.s. casualties. the taliban has claimed responsibility for the attacks. >>> and in wyoming a college teacher may have saved the lives of several of his students. autho
. >>> well, 30 days and counting to the country's potential fall off the fiscal cliff. avoiding it will depend on what lawmakers in these two buildings do or don't do. if they do nothing, everyone's taxes go up and automatic spending cuts take effect. still, it appears congress and the president are digging in with no deal in sight. >> if they are going to force hi higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then...
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please don't make me say "fiscal cliff" again. the two words. all i talk about. >> eric: we had predictions that they will come to a deal. it's political jockeying now. >> that is what we are hoping for. >> eric: that is what all americans want. >> jamie: three words. fasten your seat belt. new report that the aging infrastructure may have played a role in freight train derailment in new jersey. truly tragic. seven cars jumping the tracks while the train was crossing a bridge. the problem is it was carrying hazardous chemicals in the air. live in the new york news room. i know there were evacuations. did the folks get go back home? >> the national transportation safety board saying the conductor with con-raid since 2008. worked the accident route previously but this was his first week back on it. the ntsb pointed to a faulty traffic signal for causing friday bridge collapse. train derailment and the toxic chemical release that caused the health problem for residents in pollsborough, new jersey. >> they are going to work the point of derailment a
please don't make me say "fiscal cliff" again. the two words. all i talk about. >> eric: we had predictions that they will come to a deal. it's political jockeying now. >> that is what we are hoping for. >> eric: that is what all americans want. >> jamie: three words. fasten your seat belt. new report that the aging infrastructure may have played a role in freight train derailment in new jersey. truly tragic. seven cars jumping the tracks while the train was...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice to succeed hillary clinton as secretary of state. but senator johnny isaacson of georgia said he would not confirm her. why? >> i don't think she is confirmable right now because of the lack of information we have on the entire benghazi issue, from the administration. susan rice is the tip of the sphere. t
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't...
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. >> but it hasn't been a very encouraging week for people who think that the fiscal cliff is not something that we want to go over and i think that the president's proposal that was put on the table was something that republicans were not going to accept, even close to accept, so it had the air of bizarre. you know, bargaining. but put a really high price out there so that when you start the negotiating -- >> when will the real negotiating begin? congressman cole? >> i want to thank the president and secretary geithner for reuniting and re-energizing the republican caucus. because that offer -- they must think that john boehner is santa claus, because it was a christmas wish list, it wasn't a real proposal. at the end of the day, do i think we'll arrive at a deal? i do. >> but you heard secretary geithner right there, and i want to get congressman ellison in this as well. they're not going to come forward with anything new right now? >> i don't know -- there's a little bit of chicken going on here in terms of gamesmanship. we'll have a lot of discussion. i don't think we need to put a form
. >> but it hasn't been a very encouraging week for people who think that the fiscal cliff is not something that we want to go over and i think that the president's proposal that was put on the table was something that republicans were not going to accept, even close to accept, so it had the air of bizarre. you know, bargaining. but put a really high price out there so that when you start the negotiating -- >> when will the real negotiating begin? congressman cole? >> i want...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors...
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we continue to get closer to the fiscal cliff. i think that the president should take a case study and look at calvin coolige and john f. kennedy when they went in and lowered tax rates and you increase revenues which is what we are talking about. >> did you feel like it was a bait and switch from president obama and what you heard about in the campaigns. light on the details . i heard from members of congress that that is not what you thought was going to happen. >> you are absolute low right. what you see happening right now, dana is the art of politics and verse us the science of good policy. we need to move away from campaign mode and stimulate economic growth and wealth expansion and not wealth distribution. when the president is focused on the wealth distribution politic which thomas jefferson and hamilton lincoln talked against we are headed on down the wrong path. more people are pushed to food stamps and more people pushed to poverty and unemployment situation is going to get worse. we have seen that recently with the wee
we continue to get closer to the fiscal cliff. i think that the president should take a case study and look at calvin coolige and john f. kennedy when they went in and lowered tax rates and you increase revenues which is what we are talking about. >> did you feel like it was a bait and switch from president obama and what you heard about in the campaigns. light on the details . i heard from members of congress that that is not what you thought was going to happen. >> you are...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would c
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at...
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washington has to do a lot to avoid the fiscal cliff
washington has to do a lot to avoid the fiscal cliff
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the fiscal cliff if it happens all taxes go up. if he wants taxes to go up on some portion of the population, he has the upper hand but no president wants to preside over a recession. >> it will be his. it won't be john boehner's recession. >> let's talk christmas. 'tis the season isn't it? >> a heartwarming story? >> a heartwarming story at christmas? i would way wish. rhode islanders are having a bit of an issue because their governor lincoln chaffey decided not to call the christmas tree the christmas tree. he is calling it the holiday tree. now rhode islanders are upset about it you know what? massachusetts is offering a bit of a safe refuge i guess. they want to flee rhode island and hop over to another island state up there in massachusetts. the mayor of fall river. >> massachusetts is offering up their christmas tree as a place where rhode islanders can go across and enjoy list tone the mayor. >> all road lineders would object. they can go to their state house and light the tree and go to tradition. we felt they were short c
the fiscal cliff if it happens all taxes go up. if he wants taxes to go up on some portion of the population, he has the upper hand but no president wants to preside over a recession. >> it will be his. it won't be john boehner's recession. >> let's talk christmas. 'tis the season isn't it? >> a heartwarming story? >> a heartwarming story at christmas? i would way wish. rhode islanders are having a bit of an issue because their governor lincoln chaffey decided not to...
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we go over the so-called fiscal cliff. and massive government spending cuts. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the american people. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts fo
we go over the so-called fiscal cliff. and massive government spending cuts. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the...
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>> it is this kind muchunging to get us over the fiscal cliff. we are two parts to the soluti. focus on the correct entitlements to cut and reorganize medicare so it works but doesn't take us down the drain. >> there are no offer the allelula. zero cuts. >> we are in negotiation. what happened this week. >> it is it a call for unconditional surrender is what it is. >> you think this is going to be the deal. >> victoria when you come to a bargaining table you start high and pull back. but this proposal, had no spending cuts all all. >> there is a stimulus increase. >> it s unbelievable to me. >> what is that mark? >> you are saying -- >> we he a revenue problem. we took away a trillion out of the budget by giving tax cuts to rich people and you need to put that revenue back. >> by the way, >> we spend another trillion. >> they are tax rates . they are not tax cuts. they are tax rates . how much they bring in. >> what are you talng about? >> billion a year . that is 84 billion that is enough to cover government spending for a week and a half. the issue, dc lives in a bubble land.
>> it is this kind muchunging to get us over the fiscal cliff. we are two parts to the soluti. focus on the correct entitlements to cut and reorganize medicare so it works but doesn't take us down the drain. >> there are no offer the allelula. zero cuts. >> we are in negotiation. what happened this week. >> it is it a call for unconditional surrender is what it is. >> you think this is going to be the deal. >> victoria when you come to a bargaining table you...
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cliff avoider meant to address spending includes measures that hike spending? >> well, you'll getting there. i mean, i think it's curious to-- >> well, let me-- seriously, i have not even gotten a sense of where there is. >> well, here is the point, neil. you mentioned at the opener and again that this is about addressing spending. of course it's about addressing spending, but that's not the only i think it's about. there's obviously, there's two ways to address this, right, through spending and through revenue. it's about both those things and the president has said that he's open to entitlement reform no matter what nancy pelosisays, and so, i think it's o the table. >> i wish i could-- >> adam. he doesn't have a valid proposal here. >> give me one detail that he's put out there in terms of containing entitlements, he's not. he rejected his own panel's recommendations and this is a guy who is dead set on his agenda, which is expanding the entitlements, not contracting it and i still haven't heard a rational reason why you need to raise taxes right now. you do
cliff avoider meant to address spending includes measures that hike spending? >> well, you'll getting there. i mean, i think it's curious to-- >> well, let me-- seriously, i have not even gotten a sense of where there is. >> well, here is the point, neil. you mentioned at the opener and again that this is about addressing spending. of course it's about addressing spending, but that's not the only i think it's about. there's obviously, there's two ways to address this, right,...
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they also know what a fiscal cliff is. they disagree with that. they do worry. if everybody is watching us in the world -- we disagree on this. if the country goes o down and the rich are blamed for it, i think that's why a lot of rich people on wall street are saying to boehner, stop already. we're loaded up here. move on and don't screw up the economy because we're going to lose a lot more money if this market crashes to a second great recession. >> chris, i think the market has priced it in. >> no, you're right. >> i think they have. for a little while. not six months. >> who are you talking to? i keep talking to -- who are you talking to -- >> i spoke with a source the other day in washington, a lawyer. >> a lawyer? >> la lawyer. but he spikes to a lot of people that are wall street types. he says the market could take it. >> the cake is baked and they think the politicians up to the challenge. >> wall street doesn't have a lot of faith in this process to be able to get done so they've priced in a little bit that this could happen for a while. you wouldn't s
they also know what a fiscal cliff is. they disagree with that. they do worry. if everybody is watching us in the world -- we disagree on this. if the country goes o down and the rich are blamed for it, i think that's why a lot of rich people on wall street are saying to boehner, stop already. we're loaded up here. move on and don't screw up the economy because we're going to lose a lot more money if this market crashes to a second great recession. >> chris, i think the market has priced...
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cliff. from the government accountability office, they discussed the state of the facilities at guantanamo bay and the factors to be considered in moving detainee's stateside. and what did it did for near east policy, the latest from egypt after president mohammad morsi granted himself hoarse above the court. washington journal, live at 7:00 a.m. eastern on c-span. >> c-span, created by america's cable companies in 1979, brought to you as a public-service by your television provider. >> now secretary of state hillary clinton talks about her recent travels to the middle east to help broker a ceasefire agreement between israel and hamas and the gaza strip. she also, the iranian nuclear threat and criticizes israel's decision to build homes on israeli occupied lands. this is a little over an hour. [applause] >> i am somewhat overwhelmed, but i'm obviously thinking i should sit down. [laughter] i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few mor
cliff. from the government accountability office, they discussed the state of the facilities at guantanamo bay and the factors to be considered in moving detainee's stateside. and what did it did for near east policy, the latest from egypt after president mohammad morsi granted himself hoarse above the court. washington journal, live at 7:00 a.m. eastern on c-span. >> c-span, created by america's cable companies in 1979, brought to you as a public-service by your television provider....
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cliff and he slipped and said something else that i will not say. i just want to know if anybody else caught it besides me? >> a lot of people did. you know, okay if you do two shows a day, that is going to happen. and by the way i'm not even sure what i said. but there are two versions of it. there is one that is profane and there is one that is really biological. it was such an obvious slip of the tongue. [laughter] this is the reagan library, people. you make me sick. >> real quick, we will go appear on the balcony. >> hi. i am a young boys are big fans of yours. i have my 13 and 10-year-old watching you you every day. >> where are you? >> i am over here. [laughter] actually when i told them i was coming to see you, they wanted to come too. they are big fans. >> that is perfectly fine. you are a terrible mother for coming here and leaving your kids alone. >> well, duct tape. >> duct tape works. >> believe me, they use it for many things. >> you know that's why they invented it. you would have been in trouble. so they called it that they. >> i hav
cliff and he slipped and said something else that i will not say. i just want to know if anybody else caught it besides me? >> a lot of people did. you know, okay if you do two shows a day, that is going to happen. and by the way i'm not even sure what i said. but there are two versions of it. there is one that is profane and there is one that is really biological. it was such an obvious slip of the tongue. [laughter] this is the reagan library, people. you make me sick. >> real...
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in this past election, facing a fiscal cliff of its own, the prospect of trigger cuts, if they didn't adopt proposition 30 if they raise taxes. they decided to go for the tax increases and that's because they saw what that austerity could mean. you really have to do both. we talk about the investments and the costs. >> please. >> i was going to say, the federal level, one of the things we saw in 2000, i know you want to keep taxes and spending separate, but i think we shouldn't. what we have seen is a great pitch to reduce taxes. again, i'm in favor of it. the route to great economic growth. that being said, it is not true, even with the best tax cuts when you spend like a drunken sailor, which happened under the republicans. if you cut taxes and increase spending, that's the equivalent of raising taxes in the future. i think it's key to keep those together. >> bruce, do you think there's a case to be made to fellow conservatives about raising taxes here? >> yes. first of all, the -- one of the problems with the norquist if you raise the taxes, there's -- she's incorrect. she's assumi
in this past election, facing a fiscal cliff of its own, the prospect of trigger cuts, if they didn't adopt proposition 30 if they raise taxes. they decided to go for the tax increases and that's because they saw what that austerity could mean. you really have to do both. we talk about the investments and the costs. >> please. >> i was going to say, the federal level, one of the things we saw in 2000, i know you want to keep taxes and spending separate, but i think we shouldn't....
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i wanted to her ashley's story as a reminder to all of us as we stand on the precipices of fiscal cliff, the help that we provide for ashley is an investment. it creates jobs for her health care workers. it benefits our national system of education by ensuring that someone with her skills and determination has a chance to teach and it combats stigma. here we are rooting for ashley because we know that once she earns that ph.d. she's going to make some serious contributions. that's our show for today. thank you for watching. i'm going to see you again next saturday at 10:00 a.m. eastern. coming up is "weekends with alex witt." we put a week's worth of bad odors in a home. some aerosols may just mix with them. can febreze really remove them? we asked real people what they thought. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blindfold... awww, oh yuck! i didn't smell any of that! febreze air effects doesn't mix, it actually removes odors. [ laughs ] wow, that's incredible. just another way febreze helps you breathe happy.
i wanted to her ashley's story as a reminder to all of us as we stand on the precipices of fiscal cliff, the help that we provide for ashley is an investment. it creates jobs for her health care workers. it benefits our national system of education by ensuring that someone with her skills and determination has a chance to teach and it combats stigma. here we are rooting for ashley because we know that once she earns that ph.d. she's going to make some serious contributions. that's our show for...